Very interesting price moment at the proper sideways pattern is seen in the stock price of

A sideways chart pattern, also known as a sideways trend or range-bound market, occurs when an asset's price moves horizontally between established support and resistance levels. This indicates a balance between buying and selling pressures, leading to a period of consolidation before a potential breakout or breakdown. On 2nd May 2025, the stock price took support from the 50 exponential moving average After that, the stock price is trading about 50 exponential moving average It has formed a proper sideways pattern in a daily basis chart With an important resistance level of 265 as the stock price has faced multiple times resistance at this level Today the stock price has given its breakout to the resistance level and currently it is trading at 268 Until the stock price is trading above the 265 level, we are bullish in it and it may move towards the level of 275